Great News: Coffee Is Getting Cheaper!

Your morning cup of coffee might come with a cheaper price tag this year. Bloomberg reports that experts are betting that coffee will be at its lowest prices in years, thanks to a higher-than-usual supply of beans.

The average U.S. retail price for a pound of coffee was $4.412 as of November, which was the lowest since February of 2011. And last year, the makers of Folgers and Maxwell House, among other major coffee labels, lowered their prices. And investors are betting prices will go down even more, because Brazil, the world's biggest coffee producer, is expected to grow even more of the stuff this year. The same goes for countries like Honduras and Colombia. Boosting the supply generally lowers prices, which is lucky for caffeine addicts.

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But alas, this coffee bargain will only be temporary. According to The Independent, scientists forecast a major drop in coffee production in the future, thanks to climate change. More than half of the land that can grow coffee beans best may be wiped out. Pair that with an obsession with espressos, lattes, and plain old drip coffee, and you get a massive imbalance that could lead to pricey java down the road. So enjoy your cheap pick-me-up while you still can.